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Monday, 20 May 2013

Welfare synopticity: How far are benefit cuts damaging to the economy?

If you are retaking unit 3 - read this. It summarises many of the different viewpoints on benefits.  It is critical of the Coalition (hardly suprising as it is the New Statesman), but from interesting and unusual perspectives. It manages to be critical of both benefits and cutting benefits.

e.g.
Unemployment benefits play a crucial role in allowing people time to search, not just for any job, but for the right job – one that puts their skills and experience to the best use. Not only is this good for the jobseeker but it benefits the employer and makes the economy more productive. Higher benefits for skilled workers also facilitate a more flexible workforce. By cushioning the social consequences of redundancy, they oil the wheels of economic change.

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